# USD/CHF Descending Trend Line Break (January 9, 2014)

Source: https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/
Language: en
Updated: 2014-01-09
Description: Explore USD/CHF Descending Trend Line Break (January 9, 2014). The. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.

The downtrend on USD/CHF may soon be over as the pair already closed above the falling trend line on its daily time frame. As you can see though, stochastic has reached the overbought zone, which means that buyers may be getting tired.



However, the oscillator hasn’t crossed down yet, which suggests that there’s enough buying momentum. The pair could climb up to the next area of interest around the .9200 major psychological level.



![USD/CHF Descending Trend Line Break (January 9, 2014)]



Longer-term traders could aim higher and trail stops to protect profits.



*By Kate Curtis from Trader’s Way*

## Structured data

JSON-LD as served in the HTML version of this page.

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Article",
            "@id": "https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/#primary",
            "url": "https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/",
            "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/",
            "headline": "USD/CHF Descending Trend Line Break (January 9, 2014)",
            "inLanguage": "en",
            "datePublished": "2014-01-09T12:52:11+00:00",
            "dateModified": "2014-01-09T12:52:11+00:00",
            "articleSection": "Market Info",
            "description": "Explore USD/CHF Descending Trend Line Break (January 9, 2014). The. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.",
            "image": {
                "@type": "ImageObject",
                "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png"
            },
            "author": {
                "@type": "Organization",
                "@id": "https://www.tradersway.com/#organization"
            },
            "publisher": {
                "@id": "https://www.tradersway.com/#organization"
            }
        },
        {
            "@type": [
                "Organization",
                "FinancialService"
            ],
            "@id": "https://www.tradersway.com/#organization",
            "name": "Trader's Way",
            "alternateName": "TradersWay",
            "legalName": "TW Corp LLC",
            "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.",
            "url": "https://www.tradersway.com",
            "foundingDate": "2011",
            "logo": {
                "@type": "ImageObject",
                "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png"
            },
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "No. 9 Cassius Webster Building, Grace Complex",
                "postOfficeBoxNumber": "1330",
                "addressLocality": "The Valley",
                "postalCode": "AI-2640",
                "addressCountry": "AI"
            },
            "contactPoint": {
                "@type": "ContactPoint",
                "contactType": "customer support",
                "email": "support@tradersway.com"
            },
            "areaServed": "Worldwide, excluding the United States and the United Kingdom",
            "knowsAbout": [
                "Foreign exchange trading",
                "Contracts for difference",
                "Leveraged trading",
                "Precious metals trading",
                "Energy commodities trading",
                "Stock index trading",
                "Cryptocurrency trading",
                "MetaTrader 4",
                "MetaTrader 5",
                "cTrader"
            ],
            "sameAs": [
                "https://www.trustpilot.com/review/www.tradersway.com",
                "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers",
                "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA",
                "https://www.facebook.com/tradersway.forex.broker",
                "https://twitter.com/TradersWay",
                "https://www.instagram.com/traderswayforex/",
                "https://t.me/tw_eng"
            ],
            "identifier": {
                "@type": "PropertyValue",
                "propertyID": "Anguilla company registration number",
                "value": "A000001731"
            },
            "location": {
                "@type": "Place",
                "address": {
                    "@type": "PostalAddress",
                    "streetAddress": "Radnicka 147",
                    "addressLocality": "Valjevo",
                    "postalCode": "14000",
                    "addressCountry": "RS"
                }
            }
        },
        {
            "@type": "WebSite",
            "@id": "https://www.tradersway.com/#website",
            "url": "https://www.tradersway.com",
            "name": "Trader's Way",
            "publisher": {
                "@id": "https://www.tradersway.com/#organization"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://www.tradersway.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Resources",
                    "item": "https://www.tradersway.com/resources/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Market Info",
                    "item": "https://www.tradersway.com/resources/market-info/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "USD/CHF Descending Trend Line Break (January 9, 2014)",
                    "item": "https://www.tradersway.com/resources/market-info/usd-chf-descending-trend-line-break-january-9-2014/"
                }
            ]
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Person",
            "@id": "https://www.tradersway.com/#wayne-mcdonell",
            "name": "Wayne McDonell",
            "jobTitle": "Chief FX Strategist",
            "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".",
            "worksFor": {
                "@id": "https://www.tradersway.com/#organization"
            },
            "knowsAbout": [
                "Foreign exchange market",
                "Technical analysis",
                "Fundamental analysis",
                "Forex trading strategy"
            ],
            "sameAs": [
                "https://www.youtube.com/c/tradersway"
            ]
        },
        {
            "@id": "https://www.tradersway.com/#organization",
            "employee": {
                "@id": "https://www.tradersway.com/#wayne-mcdonell"
            }
        }
    ]
}
```
